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Ethereum Consolidates Newly-Won Growth as Wider Crypto Market Falters

Discussion in 'General Discussion' started by Arpit, Sep 14, 2018.

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  1. Arpit

    Arpit Moderator Premium Member

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    After yesterday’s bullish upswing, crypto markets have today been hit with widely-dispersed corrections. Ethereum (ETH) is today’s most resilient large-market-cap altcoin, seeing the most notable growth on the day among the top twenty cryptoassets, as data from Coin360 shows.

    [​IMG]

    Market visualization by Coin360

    After soaring 18 percent on the day yesterday, September 13 – and peaking as high as $223 during early trading hours today – Ethereum has seen a tempering downwards, before regaining some losses in the hours before press time.

    At its current $214 price point, the top alt has sealed a solid almost 4 percent of growth on the day.

    Even as Ethereum sees a bullish couple of days on the markets, fresh research from TrustNodes has revealed data that may account for the top alt’s middle-term price weakness.

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